Retailers have accused the Reserve Bank of Australia Board of moving too quickly to increase interest rates on 7 June, saying the “heavy-handed” approach has not allowed time for last month’s increase...
National Retail Association (NRA) has backed calls from Federal Treasurer Josh Frydenberg urging the RBA to support small business on debit card fees.
The Federal Treasurer joined a chorus of business leaders to...
Many Aussies have joined small businesses to call on the Reserve Bank of Australia to act on “crippling debit card transaction fees for both businesses and consumers”, 12,978 Aussies to be exact.
That’s...
By Australasian Convenience and Petroleum Marketers Association (ACAPMA) CEO Mark McKenzie.
In late 2017, ACAPMA began to receive inquiries from members about the rising cost of merchant fees (i.e. the charges levied...
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says a lack of access to funding is the biggest barrier to growth for small businesses.
“The most recent SME Growth Index revealed one in...
The Council of Small Business Australia (COSBOA) recently participated in a roundtable discussion about small-business finance convened by the Reserve Bank of Australia (RBA).
The meeting was held in Sydney and co-chaired by...
Australian businesses could be losing up to 56 per cent of customers due to minimum spends or not accepting card as a payment method.
A study commissioned by Mastercard revealed that four in...
The next generation of $10 banknotes will be released into general circulation from September 20. This follows the release of the new $5 banknote last year.
The new notes contain the same world-leading...
